HB
SBA 504 certified development company
Heartland Business Capital, Inc.
- Total loans
- 46
- Loan volume
- $40.3M
- Avg loan size
- $876K
- Charge-off rate
- 3.1%
- vs 13.3% national avg
Defaults
1
Franchises funded
37
Risk rating
EXCELLENT
Top franchise exposures
| Franchise | Loans | Volume | Default % |
|---|---|---|---|
| Hampton Inns | 3 | $3.3M | 0.0% (low risk) |
| International House Of Pancake | 3 | $2.7M | 0.0% (low risk) |
| Dairy Queen | 2 | $477K | 0.0% (low risk) |
| Super 8 Motel | 2 | $1.4M | 0.0% (low risk) |
| Primrose Schools | 2 | $3.5M | 0.0% (low risk) |
| The Goddard School | 2 | $1.9M | N/A |
| SealMaster | 2 | $499K | N/A |
| Sheridan's Frozen Custard | 1 | $663K | 0.0% (low risk) |
| Monkey Bizness | 1 | $325K | 0.0% (low risk) |
| Jazzercise | 1 | $110K | 0.0% (low risk) |
| Culver's Frozen Custard | 1 | $557K | N/A |
| Sir Speedy Printing Center | 1 | $207K | 0.0% (low risk) |
| Harley Davidson | 1 | $1.5M | 0.0% (low risk) |
| Holiday Inn Express | 1 | $1.3M | 0.0% (low risk) |
| Candlewood Suites | 1 | $2.0M | N/A |
| Schlotzsky's Sandwich Shop | 1 | $372K | 0.0% (low risk) |
| Blimpie | 1 | $566K | 0.0% (low risk) |
| Paul W. Davis Systems | 1 | $153K | 0.0% (low risk) |
| Comfort Inn | 1 | $1.3M | 100.0% (very high risk) |
| Sleep Inn Motel | 1 | $1.0M | 0.0% (low risk) |
Lending volume by year
2'96
1
2
3
1
1'05
2
4
5
2
3'11
1
2
1
1
1'17
4
1
3
3
1'22
2'23
Source: SBA 504 FOIA loan-level data, aggregated by FranchiseVerdict
Charge-off rate = charge-offs / (charge-offs + paid-in-full). Active, exempt, and cancelled loans are excluded. Risk ratings: Excellent (<5%), Good (5-10%), Average (10-15%), Elevated (15-20%), High Risk (>20%).